Published
Land-BasedCasinoIndustry

Macau saw close to 100,000 visitors for the first week of April

Macau welcomed 99,568 visitors between 2-6 April during the Easter and Qingming Festival Holidays. The average daily volume was 19,914 visitors, a 17% decline from the figures recorded in March. The statistics were provided by Statistics and Census Service and Public Security Police Force.

QingmingFest

Of the total number of visitors, 90,491 came from mainland China, making up approximately 91% of all arrivals. Macau currently has eased travel restrictions between the mainland and the city.

In total, 7,678 travelled from Hong Kong and 1,399 from Taiwan. Currently, no foreign visitors are permitted to enter Macau, so there were no international visitors.

During the period, hotels recorded an average occupancy rate of 53%; the said Macao Government Tourism Office (MGTO): “The occupancy rates of three-star to five-star hotels were 59%, 53% and 53% respectively.”

However, brokerage firm Sanford C. Bernstein Ltd reported that Macau's gross gaming revenue (GGR) for the first six days of the month was underwhelming. The GGR daily rate for 1-6 April was MOP250m ($31.2m), compared to MOP246m during the last week of March. It’s also a 7% drop from the daily average in March and a 68% decline from April 2019.

“While visitation has been picking up, what is evidently relatively weak GGR clearly indicates lower spend per visitor,” said Bernstein analysts, though they added that Macau could see an improvement throughout April and May.

“We expect a more robust GGR uplift to begin this summer as travel impediments are removed and visitation increases. The key jump in visitors will come when IVS visa processing switches back to e-visa and group visa/travel is allowed.”


Asia News Sponsor
Premium+ Connections
Premium

GammaStack

 
 
Premium

RISK

 
Premium

Galaxsys

 
Premium

PIN-UP Partners

 
Premium

Digitain

 
Premium

1xBet Partners

 
Premium

Revsharks

 
Premium

Sport Generate

 
Premium

Imagine Live

 
Premium

Lynon

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...